Hints and tips:
...Silver Lake, with $101bn in assets under management, is a US private equity firm known for its tech investments....
...Apollo has also historically turned to the borrowings, pledging its shares in ADT, Rackspace, Hilton Grand Vacations, TD Synnex and OneMain Financial to secure loans, according to the filings....
...Private equity has become just a fraction of their overall assets under management, with credit investing businesses now managing hundreds of billions of dollars, including providing loans for leveraged...
...It was a stark contrast to the mood just seven months earlier at the same venue, the Beverly Hilton, when dealmakers congregating for the Milken Institute’s October conference celebrated soaring financial...
...Starwood also acquired a portfolio of seven Hilton hotels in the UK in February....
...Some of its key investments include Invitation Homes and Hilton Worldwide. The company has also been selling down on its Hilton’s stake....
...He left the group in 2005 after disagreements with its management, to focus instead on real estate investing....
...Hotel companies are highly visible—notably, Marriott (new owner of South Africa’s Protea), Hilton, and Starwood....
...At one point both it and Blackstone were nursing troubled deals: Caesars for Apollo and Hilton for Blackstone....
...Corvex Management, run by Carl Icahn protégé Keith Meister, is also a Hertz investor....
...The strategy has been pursued by most of Accor’s competitors, such as InterContinental Hotels Group, Hilton, Marriott and Starwood....
...Other appointments to the new board included executives from Hilton, the state-owned discount airline flydubai, and Dubai Holding itself....
...Apart from the Ritz-Carlton group, Hilton is opening its first Doubletree hotel in Okinawa this year, targeting both tourists and business travellers....
...Habtoor Group recently revived plans to build a Waldorf Astoria resort on the man-made Palm off Dubai’s coast, to be run by the Hilton group, which will also take over management of his two properties in...
...Mr Golden is a partner at Revolution LLC, an investment group, and Mr Wilson heads up the Graduate Management Admissions Council, a not-for-profit education association....
...Blackstone’s private equity arm recently closed the benchmark liability management exercise for hotel-backed CMBS when it restructured USD 20bn of Hilton Hotels debt....
...Unusual trading in shares of Hilton Hotels detected by the New York Stock Exchange in 2007 helped lead to the insider-trading charges made last week against billionaire investor Raj Rajaratnam and five others...
...The Hilton trade was followed about two weeks later by trading in Google stock, another one of the transactions highlighted in the criminal complaints....
...Investors may also ask for more detail about Blackstone’s recent agreement to refinance the debt of Hilton, shaving about $4bn off the debts of the hotel chain that it bought for $20bn in 2007 and injecting...
...* S2 Capital Management LP – New York-based hedge fund o Involved in Fortuna’s insider trading....
...Having studied hotel management at Surrey university, where he is now a visiting professor, and completing a management course at Harvard business school, he worked in various senior management posts at...
...While Hilton jumped 26 per cent on Thursday as investors digested the news, the stock had already risen 10 per cent this week. For the week, Hilton rallied 36.6 per cent to close at $45.71....
...Size of offering: KKR: $1.3bn Blackstone: $4.1bn Assets under management: KKR: $53bn Blackstone: $88bn Founded: KKR: 1976 Blackstone: 1985 Investments Professionals: KKR: 139 Blackstone: 400 Fee and...
...Colony Capital owns gambling resorts and hotels, including the Atlantic City and Las Vegas Hiltons....
...According to unaudited management accounts seen by the FT, Gizmondo spent more than £2m on leasing luxury cars in the nine months to September 2005....
International Edition